BNB briefly surged to $729 before settling near $720, driven by Binance's new service offering US stocks and ETFs to non-US users with a minimum investment of $5.
BNB, the native token of the Binance ecosystem, experienced a sharp short-term rally after the exchange announced a major expansion into traditional markets. Price data shows the token briefly broke through the $729 level, hitting a local high before pulling back to trade around $720 at press time.
The move came after Binance opened access to over 8,000 US-listed stocks and exchange-traded funds (ETFs) for non-US customers, with a minimum investment of just $5. By bridging crypto and conventional finance, the initiative immediately boosted sentiment around BNB, which serves as the backbone of the Binance platform.
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